Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Trenton Pelloquin Bookkeeping for long term hold rentals
24 September 2024 | 8 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.
Chris G. How to add an addendum on current owners management agreement?
26 September 2024 | 3 replies
However, you should ensure that the contract language allows for such changes without requiring a full contract re-signing.Consulting with an attorney familiar with Florida real estate and property management law is advisable to ensure compliance and avoid any potential legal issues when making these adjustments.Let me know if you need help with any other aspects of this process!
Evan Loader Lending private money, getting things started
24 September 2024 | 8 replies
I would want my money to be secured by a promissory note and mortgage on the property in question, and thanks to the advice from some on here, if the property in question isn't enough to cover it, I would need to attach a lien to other property to ensure I can get my money back. 
Greg Scott Why I Continue to Buy REITs Instead of Rental Properties
26 September 2024 | 1 reply
They also require less time compared to owning a rental outright.The reasons that I don't like REIT's as you mentioned in your post is that they are not efficient from a tax standpoint.From my understanding, REITS pay ordinary dividends and not qualified dividends.
AJ Wong ✋🏽Five reasons investors should hire an investment focused Real Estate Professional
26 September 2024 | 0 replies
Typically a worthwhile real estate broker will save you time through efficiency and add at least equivalent value in actual dollars through effectiveness.  
Gio Kattan Hello BiggerPockets Community, I’m currently in the process of expanding my real es
26 September 2024 | 0 replies
I'm actively purchasing multiple properties and would like to leverage hard money loans with terms typically ranging from 1.5 to 2 years.My primary focus is on securing financing that aligns with my investment goals while ensuring that the rates and terms are the most favorable.
Nikhil Mascarenhas CA out of state investors, what asset protection strategy do you use?
25 September 2024 | 7 replies
. - do nothing, hold in personal name but ensure you have sufficient Umbrella coverage.Do you use one of the above?
Maverick Go Refinancing Self-Storage Properties: Can DSCR Loans Help?
26 September 2024 | 3 replies
Ensure your self-storage property has a strong cash flow to meet the DSCR requirements.
Clint Miller Let’s Talk Fix & Flip Success!
26 September 2024 | 6 replies
Fast money, negotiable terms, and creative repayment strategies ensure I am able to maximize my yearly flipping potential.Hope this helps!
Devin Bost Do I need a property manager just to manage bookings?
27 September 2024 | 9 replies
I would recommend negotiating performance-based bonuses rather than commissions, ensuring that their focus aligns with your revenue strategy.Given that you are looking to expand your property with an in-house store and unique theme, a property manager focused on tailored guest experiences rather than just bookings would be more beneficial.